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2877 Michigan St, Sarasota, FL, 34237

$450,000

Home List Price

$5,344*

Closing Credit

3 Bedrooms
2 Full Baths
1,336 SqFt
$337/SqFt
House

Location

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2877 Michigan St, Sarasota$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered
Year Built1955
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Masonry
MLS #A4629487
Lot Size0.15 Acres
StatusActive

About 2877 Michigan St

Unlock the potential of this Sarasota gem! Located close to downtown Sarasota, this home offers a fantastic canvas to bring your vision to life. With 3 bedrooms and 2bathrooms, the property provides ample space for your dream makeover. Inside, the home features a functional layout that’s ready for updates to match your personal style. The kitchen and living room offer endless possibilities for transformation, making it an ideal project for homeowners or investors seeking to add value. Conveniently located close to the Sarasota Legacy Trail for biking and walking enthusiasts and just minutes from vibrant downtown Sarasota, this home is perfectly positioned to enjoy everything the area has to offer, from world-class beaches to shopping and dining. Don’t miss this chance to craft a home perfectly tailored to your taste.

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Living Area: 1,336 SqFt

Listing Office:

  • Office Name: REALTY EXECUTIVES GALLERY
  • Listing Agent: Troy Jenkins

Interior Features

Interior Information:

  • Appliances: Oven, Cooktop
  • Flooring Type: Terrazzo
  • Interior: Ceiling Fans(s)
  • Fireplace: Family Room, Masonry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: Covered

Virtual/3D Tour

  • Virtual Tour: 2877 Michigan St
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Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Tuttle north to east on Michigan St to property on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $337/SqFt

Tax Information:

  • Annual Amount: $565
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

2877 Michigan St vs Sarasota

34 DAYS ON ROCKET

-42 Days

$450,000

-$65.5K Less

$337/SqFt

+$34 More

KEY TAKEAWAY

This property is $65.5K less than the Median Sold Price and $34/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4629487

Listing Office:

  • Office Name: REALTY EXECUTIVES GALLERY
  • Listing Agent: Troy Jenkins

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$565$58,723
2019$552$57,403
2018$653$56,333
2017$650$55,174

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-894797
7
/10

  • Alta Vista Elementary School

  • 1050 S Euclid Ave

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-894798
4
/10

  • Tuttle Elementary School

  • 2863 8th St

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-894799
4
/10

  • Emma E. Booker Elementary School

  • 2350 Dr Martin Luther King Way

  • 1.89 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,136. Typical income of Sarasota, FL residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Sarasota, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Sarasota, FL?

Sarasota's housing market is diverse, offering a mix of single-family homes, condominiums, and townhouses that cater to a range of preferences and budgets. Architectural styles vary widely, with a notable presence of Mediterranean-inspired designs alongside modern and contemporary structures. The area has seen a steady growth in new developments, particularly in the condominium sector, which adds a modern touch to the city's skyline.

Is Sarasota, FL a good place to live?

Sarasota prides itself on its vibrant arts scene and cultural richness, with numerous galleries, theaters, and the renowned Ringling Museum of Art. The community's character is further enhanced by its proximity to pristine beaches and a variety of outdoor recreational activities, making it a desirable location for both retirees and families. Annual events like the Sarasota Film Festival and the Sarasota Music Festival celebrate the city's artistic heritage and community spirit.

Are things conveniently located in Sarasota, FL?

The city is served by a robust educational system, including multiple public and private schools that offer a range of educational programs. Sarasota Memorial Hospital stands as a major healthcare provider, offering comprehensive services from emergency care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of knowledge and resources. Retail and dining options are plentiful, reflecting the local culture with a blend of international cuisines and boutique shopping experiences.

What does the transportation in Sarasota, FL look like?

Sarasota's transportation network includes a variety of options for residents and visitors. The Sarasota County Area Transit (SCAT) provides bus services with routes covering key areas of the city. For those who prefer private transport, ride-sharing services like Uber and Lyft are readily available. The city is also connected by several major roads, including Interstate 75 and U.S. Route 41, facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are evident in the downtown area and along the scenic waterfront.

Frequently Asked Questions About 2877 Michigan St

What is the listing price of this property?

The listing price of 2877 Michigan St property is $450,000.

What type of property is this?

The property 2877 Michigan St is a house located in Sarasota, Florida, 34237.

Is this property for sale now?

Active Listing: 2877 Michigan St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $565 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2877 Michigan St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2877 Michigan St is 1,336 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2877 Michigan St is 1955.

Rocket Homes›Florida›Sarasota County›Sarasota›34237›2877 Michigan St

This home is located at 2877 Michigan St in Sarasota, FL and zip code 34237. This 1,336 square foot home, which was built in 1955, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $450,000.

In November 2024 more than 12 listings in Sarasota, FL were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 237 were sold below. The inventory of homes for sale in Sarasota, FL between October 2024 and November 2024 increased by 9.7%. Listings spent 76 days on the market in November 2024, and had a median list price of $515,531 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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